On Simulated Accounting Of Beijing Postal Savings And P&L Of Savings Outlets

With China's ongoing postal system reform and rapid growth of postal savings, simulated accounting has been implemented within the postal system so as to meet the supervisory demands and its own need for stable control of operational risks. Both accounting at provincial and state level is in line with the standards for financial institutions, which enables decision-makers to learn and understand the operation and profitability of postal savings system.In the process of simulated accounting, some problems, besides the achievements, still can be spotted, including mismatch between the accounting and actual operation, and some flaws in accounting method leading to inadequate reflection of financial status of postal savings as a whole. Some of the problems can be solved currently with certain measures, but others are derived from the existing system.The thesis compares current accounting of postal savings system with financial accounting, analyzes both internal and external demands, and discusses the necessity of simulated accounting for postal savings system. By analyzing status quo of simulated accounting of Beijing postal savings, the thesis probes into the issues to be addressed in the simulation. The simulated accounting provides some basis for P&L analysis of postal savings outlets, which is beneficial for the outlets to improve their internal operation and management. The thesis measures the return on investment by outlets and operational balance, and compares the results with actual operation, aiming to find some ways to enhance operation and management of postal savings system.